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Multiple Select Question
Select all that apply Which of the following are considered to be determinants of aggregate supply if
1 answer
12 views
Multiple Select Question
Select all that apply Which of the following are determinants of aggregate supply? Multiple select
1 answer
13 views
Fill in the Blank Question
Fill in the blank question. One of the reasons that the short run aggregate supply curve is upsloping
1 answer
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Multiple Select Question
Select all that apply Which of the following explain the reason for the up-sloping aggregate supply
1 answer
11 views
Fill in the Blank Question
Fill in the blank question. The slope of the short-run aggregate supply curve increases slowly at
1 answer
16 views
Multiple Choice Question
Wages and salaries for workers in a union are usually Blank______ because wages are set by a
1 answer
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Fill in the Blank Question
Fill in the blank question. One of the reasons that the short run aggregate supply curve is upsloping
1 answer
9 views
Multiple Choice Question
In the short run, output prices are Blank______ and input prices are Blank______. Multiple choice
1 answer
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Multiple Choice Question
Which of the following is a reason that a company's input prices can be inflexible for a period of
1 answer
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Multiple Choice Question
Which of the following accurately describes the immediate-short-run aggregate supply curve? Multiple
1 answer
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Multiple Choice Question
In the immediate short run, output prices are typically fixed because firms Blank______. Multiple choice
1 answer
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In the short run, output prices are Blank______ and Blank______ prices are Blank______.
Multiple choice question. low; export;
1 answer
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Multiple Choice Question
The short-run is the period in which Blank______. Multiple choice question. output prices and input
1 answer
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Multiple Choice Question
Which time horizon has the most fixed input and output prices? Multiple choice question. Short run
1 answer
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Fill in the Blank Question
Fill in the blank question. If output prices are fixed regardless of quantity sold, the
1 answer
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Multiple Choice Question
In the immediate short run, Blank______ fixed due to the firms commitment to customers to supply
1 answer
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Multiple Choice Question
In the short run Blank______. Multiple choice question. input prices and output prices can vary input
1 answer
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Multiple Choice Question
In the immediate short run for aggregate supply, both input and output prices Blank______. Multiple
1 answer
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Multiple Choice Question
What reduces the level of change in input prices in both the immediate short run and the short run?
1 answer
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Multiple Choice Question
Why is the relationship between the price level and total output is different in each of the three time
1 answer
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Multiple Choice Question
In the short run, output prices are Blank______ and input prices are Blank______. Multiple choice
1 answer
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Multiple Choice Question
In the short run, output prices are Blank______ and input prices are Blank______. Multiple choice
1 answer
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Multiple Choice Question
If price level is excluded, net exports can change due to changes in Blank______ and changes in
1 answer
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Multiple Select Question
Select all that apply What are the three time horizons that influence how quickly output and input
1 answer
14 views
Multiple Select Question
Select all that apply Select all the choices that result from the difference in stickiness levels of
1 answer
8 views
Multiple Choice Question
What is shown by a schedule or curve showing the total quantity of goods and services that would be
1 answer
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Multiple Select Question
Select all that apply Select all of the following factors which can cause net exports to change.
1 answer
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Multiple Choice Question
The dollar's exchange rate is the price of Blank______. Multiple choice question. foreign currencies in
1 answer
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Multiple Choice Question
The immediate short run, short run, and long run are the three time horizons that influence the
1 answer
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Multiple Choice Question
The dollar has just appreciated. What will be one result? Multiple choice question. Net exports will
1 answer
8 views
Fill in the Blank Question
Fill in the blank question. Aggregate supply is represented as a schedule or curve showing the
1 answer
6 views
Aggregate supply is represented as a schedule or curve showing the relationship between a nation's level (index) and the amount
1 answer
7 views
Multiple Select Question
Select all that apply Which of the following are effects of rising national incomes abroad on US
1 answer
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Multiple Choice Question
If price level is excluded, net exports can change due to changes in Blank______ and changes in
1 answer
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Multiple Choice Question
The price of foreign currencies in terms of the US dollar is called the Blank______. Multiple choice
1 answer
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Multiple Choice Question
What is the least stable component of aggregate demand? Multiple choice question. Government Spending
1 answer
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Multiple Choice Question
Raising business taxes shift the Blank______. Multiple choice question. long-run aggregate supply curve
1 answer
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Multiple Choice Question
An appreciation of the US real exchange rate will Blank______ imports and Blank______ exports while
1 answer
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Fill in the Blank Question
Fill in the blank question. The aggregate demand curve will shift to the when US net exports decline
1 answer
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Multiple Choice Question
Which of the following statements best describes the effect of declining national incomes abroad on US
1 answer
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Multiple Choice Question
What will a rise in net exports do? Multiple choice question. Shift the aggregate demand curve to the
1 answer
6 views
Multiple Select Question
Select all that apply Select all of the following factors which can cause net exports to change.
1 answer
9 views
Fill in the Blank Question
Fill in the blank question. The aggregate demand curve will shift to the when there is a reduction in
1 answer
5 views
Multiple Choice Question
Unlike consumption spending, investment spending is Blank______. Multiple choice question. stable and
1 answer
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Fill in the Blank Question
Fill in the blank question. An increase in business taxes will shift the aggregate demand curve to the
1 answer
9 views
Multiple Choice Question
What will a decrease in US net exports do to aggregate demand? Multiple choice question. Shift the
1 answer
8 views
Multiple Choice Question
When firms realize that their excess capacity is shrinking, investment spending Blank______. Multiple
1 answer
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Fill in the Blank Question
Fill in the blank question. An increase in exports relative to imports will shift the aggregate demand
1 answer
7 views
Fill in the Blank Question
Fill in the blank question. New and improved technology, seen as investment spending by firms will
1 answer
8 views
Multiple Choice Question
An increase in government spending is likely to Blank______. Multiple choice question. shift the
1 answer
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Multiple Choice Question
Technological advancements will Blank______ expected returns on investment and Blank______ aggregate
1 answer
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Multiple Choice Question
What is the least stable component of aggregate demand? Multiple choice question. Investment Net Exports
1 answer
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Fill in the Blank Question
Fill in the blank question. If firms are optimistic about future business conditions, investment will
1 answer
7 views
Fill in the Blank Question
Fill in the blank question. spending will fall if firms' outlook on the economy is pessimistic.
1 answer
5 views
Multiple Choice Question
Raising business taxes shift the Blank______. Multiple choice question. aggregate demand curve to the
1 answer
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Multiple Choice Question
Expectations about future business conditions, technology, degree of excess capacity and business taxes
1 answer
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Investment spending and aggregate demand will when excess capacity dwindles.
1 answer
6 views
A reduction in personal income tax will Blank______.
Multiple choice question. lower take-home income and increase consumer
1 answer
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Multiple Choice Question
Which of the following enhance the expected returns on investment and thus increase aggregate demand?
1 answer
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Multiple Choice Question
A decrease in investment and subsequent shift of the aggregate demand curve to the left is due to
1 answer
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Multiple Choice Question
New and improved technologies will increase investment spending by Blank______. Multiple choice
1 answer
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A decrease in the money supply is likely to cause a(n) Blank______ in interest rates, and subsequent Blank______ in investments
1 answer
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Businesses will invest less if Blank______.
Multiple choice question. business taxes are reduced there is a decrease in real
1 answer
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An increase in real interest rates will Blank______ investment spending and Blank______ aggregate demand.
Multiple choice
1 answer
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Multiple Select Question
Select all that apply Which of the following influence expected returns on investment projects? Multiple
1 answer
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Multiple Choice Question
An increase in investment spending at each price level will Blank______. Multiple choice question. shift
1 answer
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Multiple Select Question
Select all that apply Which of the following result from a reduction in personal income tax rates on
1 answer
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Multiple Choice Question
Higher expected returns on investment will Blank______. Multiple choice question. decrease the demand
1 answer
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Multiple Choice Question
A decrease in taxes will lead to Blank______. Multiple choice question. an increase in aggregate demand
1 answer
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Multiple Choice Question
What is the result of an increase in the money supply? Multiple choice question. Raised interest rate,
1 answer
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Multiple Choice Question
Investment spending refers to purchases of which of the following? Multiple choice question. Capital
1 answer
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Multiple Choice Question
An increase in real interest rates will Blank______ investment spending and Blank______ borrowing costs.
1 answer
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Fill in the Blank Question
Fill in the blank question. A decline in investment spending at each price level will shift the
1 answer
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Multiple Choice Question
A decrease in investment spending at each price level will shift the aggregate Blank______. Multiple
1 answer
6 views
Multiple Choice Question
The aggregate demand curve would shift to the left if Blank______. Multiple choice question. taxes
1 answer
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Multiple Choice Question
A reduction in personal income tax will Blank______. Multiple choice question. raise take-home income
1 answer
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Fill in the Blank Question
Fill in the blank question. A tax cut will shift the aggregate demand (AD) curve to the .
1 answer
6 views
Multiple Choice Question
Investment spending refers to Blank______. Multiple choice question. buying stocks and bonds adding to
1 answer
9 views
Fill in the Blank Question
Fill in the blank question. An unexpected increase in asset values that results in an increase in
1 answer
5 views
A decline in investment spending at each price level will Blank______.
Multiple choice question. shift the aggregate demand curve
1 answer
9 views
Fill in the Blank Question
Fill in the blank question. If there is an increase in consumption spending caused by consumer
1 answer
7 views
Fill in the Blank Question
Fill in the blank question. A tax increase will reduce consumption and shift the aggregate demand (AD)
1 answer
5 views
Multiple Choice Question
If consumers expect inflation in the near future, consumers will want to buy more products now and
1 answer
7 views
Select all that apply
Which of the following result from a reduction in personal income tax rates on consumers? Multiple select
1 answer
9 views
Multiple Choice Question
If consumers expect their future real incomes to rise, current consumption spending Blank______ and the
1 answer
4 views
If disposable income increases by $50 billion and there is an MPS of 0.20, the increase in saving will be
Multiple Choice $20
1 answer
14 views
The greater is the marginal propensity to consume, the
Multiple Choice smaller is the marginal propensity to save. higher is the
1 answer
5 views
Suppose that an initial $10 billion increase in investment spending expands GDP by $10 billion in the first round of the
1 answer
9 views
that an initial $10 billion increase in investment spending expands GDP by $10 billion in the first round of the multiplier
1 answer
5 views
Suppose that an initial $10 billion increase in investment spending expands GDP by $10 billion in the first round of the
1 answer
6 views
The actual multiplier effect in the U.S. economy is less than the multiplier effect in the text examples because
Multiple Choice
1 answer
8 views
The MPC for an economy is
Multiple Choice the slope of the consumption schedule or line. the slope of the savings schedule or
1 answer
7 views
A $1 billion increase in investment will cause a
Multiple Choice (1 ÷ MPS) billion increase in GDP. (MPS) billion increase in
1 answer
6 views
The numerical value of the multiplier will be smaller the
Multiple Choice larger the average propensity to consume. larger the
1 answer
8 views
The multiplier effect means that
Multiple Choice consumption is typically several times as large as saving. a change in
1 answer
3 views
The investment–demand curve will shift to the left as a result of
Multiple Choice an increase in the excess production capacity
1 answer
9 views
The investment–demand curve will shift to the right as the result of
Multiple Choice the availability of excess production
1 answer
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The immediate determinants of investment spending are the
Multiple Choice expected rate of return on capital goods and the real
1 answer
8 views
Given the expected rate of return on all possible investment opportunities in the economy,
Multiple Choice an increase in the
1 answer
10 views
Factors other than disposable income that can affect the amounts that households will consume and save include all but which of
1 answer
7 views
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